In 2005, a law was passed that drastically reduced the ability of citizens to form fair repayment plans and discharge debt. Our bankruptcy system must be fixed to give responsible citizens a second chance. One leader we’ve heard a lot about lately, cares deeply about this issue. Senator Elizabeth Warren’s Story Researching to Discover the Reasons… Read more »
Why People File Bankruptcy In Minnesota?
For everyone, bankruptcy isn’t part of “the plan” they had for their life. However, even if no one plans for it, bankruptcy is an option for when things just get out of control. Why do people file for bankruptcy in Minnesota? Sometimes it is because they were bad with their money, but mostly it is… Read more »
Will Chapter 7 Eliminate My Tax Debts?
Contact Us Today For A Free Case Evaluation Chapter 7 is often referred to as “straight bankruptcy.” This gives the impression that all of your debts will be eliminated. You’ll walk away with a clean slate. Depending on the types of debts you have, this may or may not be the case. In Chapter 7 bankruptcy,… Read more »
Taking Care of your Debt with Chapter 13 Bankruptcy
Hearing the words “bankruptcy” can be scary, but it shouldn’t be! Making the decision to file is life-changing, and one that can make a huge difference in your future. The Bankruptcy Code has many chapters, all talking about different scenarios where it might be a good idea for someone to file for bankruptcy. For people… Read more »
Fixing Our Bankruptcy System: A Plan to Give People a Second Chance
Facing Bankruptcy? Give Walker & Walker a Call Today! Bankruptcy provides relief to individuals and families every year in Minnesota. Despite being an option for many, some of the people who need debt relief the most are unable to file or must jump through hurdles due to prohibitive federal laws. The Bankruptcy Reform Plan proposed by Elizabeth Warren would… Read more »
How Can I Afford a Bankruptcy Lawyer in Minneapolis, Minnesota?
Affording a Bankruptcy Lawyer in Minnesota It is a great irony that when you need to file for bankruptcy, the first advice you get is to hire a lawyer. If you have a need for bankruptcy, it is likely because you have racked up so much debt that you are floundering financially in the water…. Read more »
When Should I Stop Paying Loans and Credit Cards When Filing For Bankruptcy?
Why Should You Even Pay Your Creditors? If you are going to file for bankruptcy in the future, you may wonder why should you even continue to pay your creditors? Well, you shouldn’t. Many people, before filing for bankruptcy, stop paying their creditors and use that money they otherwise would have sent to them to… Read more »
What Impact Does Filing For Bankruptcy Have On Existing Judgements or Garnishments?
Minnesota residents often hesitate to file bankruptcy when they have existing liens or judgments. Many believe that once they have a judgment against them, it is then too late. Our attorney Andrew Curtis Walker would like to clear up this misconception by providing some valuable information. Effect on Pending Judgments Upon filing bankruptcy, anyone who is seeking… Read more »
Debt Collector Misconduct Attorney in Minneapolis, Minnesota
If you’ve been in debt, then you know what it’s like having debt collection creditors call to find out when they can expect you to start making payments again. While it’s bad enough when the people you owe money to blow up your phone, it can get doubly frustrating when creditors start harassing your friends… Read more »
What is Some Advice a Bankruptcy Attorney Would Give Potential Filers?
Facing Bankruptcy in Minnesota? Call Walker & Walker Today! When you hire a bankruptcy lawyer, they will be able to explain and knowledgbly walk you through the bankruptcy process. However, you will find that one of the number one tips that you get from a bankruptcy lawyer prior to actually filing for bankruptcy is… Read more »